$7 Trillion

In addition to the hidden human costs of our seemingly endless wars are the economic costs. In 2008, Nobel Prize winning economist Joseph Stiglitz wrote, with Linda Bilmes, The Three Trillion Dollar War: The True Cost of the Iraq Conflict. Stiglitz illustrated that taking into account the total costs of the war, including replacing military equipment and caring for thousands of wounded veterans for the rest of their lives, the Iraq war will cost us orders of magnitude greater than the $50 billion promised by the White House before the invasion. Add all the costs of Afghanistan into the mix, wrote Stiglitz, and the bill tops $7 trillion.

James R. Granger, Jr.

earned degrees in economics and finance, has a lifelong interest in history and science, and has authored books on Megahistory, the origins and migrations of the races of humanity. This site was established to provide a vehicle for the dissemination of information important to progressive people.